Also there is a ‘Double top retreat up’ chart layout is existing. The chart picture forms ‘Double top retreat up’. which is a positive chart scenario. The pair is likely to go up.
Also there is a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90275 |
| 2nd High | 0.90032 |
| Next High | 0.8994 |
| Current Price | 0.89699 |
| Next Low | 0.89664 |
| 2nd Low | 0.89622 |
| 3rd Low | 0.89514 |
0.8994 – 0.89877 – 0.89789 – 0.89664 – 0.89665 – 0.89622 — 30.150651579593 – 43.22550150954 — 71.933424532604 – 71.933424532604 – 84.001912719288 – 76.529487764098
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Double top retreat up – –